Introduction

Hello, and welcome to the 'Hallway to the Macedon Ranges'.

This blog is where I will be posting real estate tips, news views and local goings on around the Macedon Ranges.

If you have an article that you would like added to this blog and my monthly e-newsletter, please contact me on 0419 388 778.

Thanks, Robert Hall



Sunday, September 12, 2010

Weekly Auction & Sales Results, Market Overview

Saturday 11th & Sunday 12th September 2010

Another healthy result from this weekends 582 auctions with a clearance rate if 70 per cent reached.

This level of demand is consistent with recent results and suggests that the market has found a reasonable balance, and outcome that is in contrast to the past few years.

There were 612 auctions reported this weekend of which 427 sold and 185 were passed in, 121 of those on a vendors bid.

The REIV expects around 760 auctions next weeken

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